Amid the FTX Confusion, Whistleblower Edward Snowden Says ‘Custodial Exchanges Were a Mistake’
Whistleblower and former NSA contractor, Edward Snowden, has been very vocal about the crypto economy in recent times. After publishing a copy of Bitcoin’s white paper on Twitter on the document’s 14th birthday, Snowden had some words with Craig…
The world’s largest exchange said on Wednesday that it will not pursue the potential acquisition of Sam Bankman-Fried’s FTX.Binance walks away from FTX deal following due diligence.Firm also mentioned U.S. investigations of FTX.Retail investors are…
Bitcoin Bear Markets Compared: How Much Longer Till The Bottom? | BTCUSD November 9, 2022
In this episode of NewsBTC’s daily crypto technical analysis videos, we are examining past Bitcoin bear markets to see how much further we could have before a bottom is in. Take a look at the video below: VIDEO: Bitcoin Price Analysis…
Binance Backs out of FTX Deal Citing ‘Due Diligence,’ Reports of ‘Mishandled Customer Funds’
The world’s largest cryptocurrency exchange Binance will not go through with purchasing the rival crypto exchange FTX. The company noted that after due diligence and “news reports regarding mishandled customer funds,” Binance…
Binance Pulls Out OF FTX Deal, Bitcoin Crashes Below $16,000
Crypto exchange Binance is officially out of the FTX agreement. According to an official statement, the company won’t purchase its competitor. Via its official Twitter handle, Binance claims that regulatory pressure and other factors impacted their…
Bitcoin Baseball Team Perth Heat Fans Can Now ‘Boost’ Players With Bitcoin
Perth Heat players can now get bitcoin ‘boosts’ through a new Lightning-powered fan engagement feature launched in partnership with IBEX.Perth Heat now lets fans send micropayments to players with bitcoin through Lightning.The team last year became…
OKB Token Still Holds Above 14% Following Market Plummet
Thanks to the FTX/Alameda saga, the crypto market has taken a nosedive, dragging everyone along. But while the entire market bleeds, OKB, the native token of OKX exchange, has held on to substantial weekly gains. Specifically, the token is trading…
Maple Finance Lending Pool Delegate ‘Identified a Number of Key Weaknesses’ Tied to FTX’s Alameda Research
According to a report from Orthogonal Credit, a delegate of Maple Finance’s lending pools, the firm decided “earlier this year” not to lend to Alameda Research, FTX’s quantitative trading firm. Orthogonal said through “due diligence” it “ide
Post-election roundup: Who were the pro- and anti-crypto winners and losers from the US Midterms?
Political newcomer and Bitcoin holder J.D. Vance will take Rob Portman's U.S. Senate seat in Ohio, but majority control of both chambers of Congress has yet to be decided.
FTX Legal Department Jumps Ship, Binance Deal Fizzles Out
The FTX drama continues as the deal with its competitor Binance falls apart. According to several reports, employees at the platform are fleeing amid growing concerns about a massive $6 billion hole on the company’s balance sheet. A report from…
Polygon (MATIC) Looks Good Above $0.75 Despite Market Turmoil; Here Is Why?
MATIC’s price loses its $1 support as the price trades to a region of $0.8. MATIC’s price continues to look bearish with the market’s current state, as things look uncertain for most traders and investors. MATIC’s price…
On-chain data shows Bitcoin whales with more than 1k BTC were the main sellers in the latest crash, as other cohorts displayed muted activity. Bitcoin Spent Output Value Bands Shows Spike From 1k-10k Group As pointed out by an analyst in a…
Subway accepts Bitcoin, so users can get a sandwich on the Lightning Network
The largest franchise in the world, Subway, is testing out the Lightning Network layer-2 Bitcoin payments solution and receiving encouraging results in Berlin, Germany.
Binance CEO Explains Situation With FTX — Says ‘We Did Not Master Plan This’
Binance CEO Changpeng Zhao (CZ) has shared where his company is at on the deal with FTX. “We did not master plan this or anything related to it,” he told the Binance team, reminding them not to trade the FTX token (FTT) as the due…
Pundi X’s on-chain payment app for merchants now called Cashier Pro, adds Tron
Pundi X, a blockchain payments startup, recently announced that its “On-chain payment” function within its XPOS crypto point-of-sale platform is now known as “Cashier Pro” and available for all merchants. Cashier Pro enables…
Bitcoin sinks under $16K as FTX insolvency fears turn into contagion
BTC and altcoins continue to sell off, hitting new yearly lows as the collapse of FTX begins to drastically impact investors across the entire crypto market.
EverEarn Co-Founder Dave Rahman Explains How to Build a Startup That Will Stand the Test of Time
The EverEarn token ($EARN) launched on the BNB Chain in January 2022 with a simple goal; to show that a new startup cryptocurrency can be run like a business from the beginning, without any false hype or empty promises, while providing increased…
Algorand (ALGO) Loses Its Gains As Majority Of Coins Plummet
Despite bagging substantial gains earlier in the trading day, Algorand (ALGO) is down over 27% as of writing. The token’s price drop follows a bearish market sentiment that sees major coins plummet on the day. The past seven days had seen the…
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